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Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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There is a plan to develop between 30 and 50 oil wells which will increase energy production in Tunisia. (Shutterstock)
October 24th, 2018 - 06:25 GMT

Tunisia to Drill for 20 Oil Wells by 2020

Non-metallic minerals, such as sand, gravel, limestone and crushed rock account for more than half of total materials consumed today in gigatonne terms. (Shutterstock)
October 24th, 2018 - 06:23 GMT

Report: The World Will Double Its Raw Materials Consumption by 2060

The Munich_based company had already decided to recall 480,000 vehicles in Asia and Europe after fires were reported in South Korea. (Shutterstock)
October 24th, 2018 - 06:19 GMT

BMW Recalls 1.6 Million Vehicles Worldwide

Chinese Ambassador to Jordan Pan Weifang praised the “distinguished” Chinese-Jordanian relations at all levels, especially in the economic field, calling for investing these ties to achieve benefits for both sides. (Shutterstock)
October 24th, 2018 - 06:16 GMT

Jordan Eager to Increase China Trade, Currently at $1.637 Billion

"+Qatar" campaign has promoted Qatar as a transit destination and increased passengers wishing to stop in Qatar by 40%, in addition to creating new tourism models. (Shutterstock)
October 24th, 2018 - 06:09 GMT

Qatar Is Flexing Its Tourism Muscles

An increase in US interest rates usually requires an increase in local interest rates or else the exchange rate becomes unstable. (Shutterstock)
October 24th, 2018 - 06:05 GMT

Saudi to Lock in US-Riyal Exchange Rate

Founded in 2007, the Paris-based platform has 14 million monthly users and is available in 180 countries as an app on smartphones, tablets, PCs, home sound systems and connected cars or smart TVs. (Shutterstock)
October 24th, 2018 - 05:54 GMT

Deezer Lands in Dubai, MENA Audiences Gain Access to 53 Million Tracks From Global and Local Artists

The resumption of the rewards will be at the beginning of 2019 and will apply to all government employees, the minister told Al Arabiya News Channel. (AFP/File Photo)
October 24th, 2018 - 05:48 GMT

Saudi Reinstates Bonuses for Public Sector

Israel believes the Palestinian Authority (PA) would respond to such an agreement by further cutting funding to Gaza and stopping the payment to Hamas workers in Gaza. (Shutterstock)
October 24th, 2018 - 05:44 GMT

Report: Qatar to Pick up Gaza's Fuel Bill Under Ceasefire Pact

“In my opinion, this violation has taken place under American pressure on the Saudi rulers.” (AFP)
October 24th, 2018 - 05:39 GMT

Iran Accuses Saudi for Violating OPEC Pact Under US Pressure

The deals were struck across the energy and transportation sectors despite the boycott of the event by several company chiefs following the death of journalist Jamal Khashoggi at the Saudi embassy in Turkey earlier this month. (AN)
October 24th, 2018 - 05:32 GMT

Saudi's FII Lands $50 Billion Worth of Deals, Despite Boycott Over Khashoggi Case

The president pointed to the recent fluctuations in the currency market, saying revenues from exports and the inflow of foreign exchange would be of great help to stabilize the foreign currency market. (Shutterstock)
October 23rd, 2018 - 06:33 GMT

Rouhani Puts All His Trust in Exporters to Counter US Sanctions

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